Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud

OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
June 04, 2021  |  Authentication

Traditional loan metrics often leave out individuals with low credit scores who are otherwise financially sound, but behavioral analytics can give lenders a better idea...

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NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
June 03, 2021  |  Artificial Intelligence

Artificial intelligence (AI) has long since moved from the realm of science fiction to reality, with reports of new applications from transportation to cybersecurity seemingly...

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Funding Circle, Atom Partner On Lending For UK SMBs
Funding Circle, Atom Partner On Lending For UK SMBs
May 31, 2021  |  B2B Payments

U.K. small business loan platform Funding Circle will work with U.K.-based mobile bank Atom, on a 300-million-pound (about $426 million) lending partnership, according to a...

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Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
May 28, 2021  |  Investments

Motor vehicle refinance FinTech MotoRefi raised $45 million in a Series B funding round led by Goldman Sachs Asset Management, the company said in a...

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House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Security & Fraud

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

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$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
May 27, 2021  |  Loans

Goldman Sachs has loaned more than $5 billion to SoftBank, making the New York investment bank one of the biggest lenders to the Japanese conglomerate....

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Experts: Alternative Data Sources Could Help Consumers Build Credit
Experts: Alternative Data Sources Could Help Consumers Build Credit
May 26, 2021  |  Loans

The current risk-based pricing model for lending has allowed more consumers to qualify for credit, while alternative data sources could help consumers without traditional credit...

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What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
May 26, 2021  |  B2B Payments

Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and...

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Equipment Leasing Finds Its Own POS Financing Path
Equipment Leasing Finds Its Own POS Financing Path
May 25, 2021  |  B2B Payments

The trajectory of innovation in the B2B payments and commerce space has largely been attributed to the influence of the B2C arena. Get the Full...

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